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buying property in malaysia could lead to cheap living costs

News Posted On: 11 March 2009

Overseas property investors looking to expatriate to a country where the living expenses are low might wish to consider moving to Malaysia.

The country's deputy tourism minister Sulaiman Abdul Rahman Taib told TGG Live that day-to-day costs are minimal in his country.

"People recognise that accommodation and entertainment in Malaysia is not prohibitively expensive. When people come here they can have a full three-course meal for as little as £5," he said.

Those who do not fancy moving so far afield could still take advantage of the low costs by purchasing a home to rent out to British tourists.

Mr Taib claimed the economic downturn in the UK will lead to an influx of budget travellers looking for a low-cost break overseas.

He noted that four weeks in Malaysia could cost the same as four days in a European city.

An added advantage for those looking to move to Malaysia is that they will be allowed to own their home, unlike expatriates in neighbouring countries such as Indonesia.

Written by Jamie Arthur

Property Abroad - buying property abroad made easy. ADNFCR-1810-ID-19069338-ADNFCR

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